Food Finance Series: Whatcom Leads the Charge with its Microloan Program

Just moments ago I received an email announcing a microloan program for Whatcom and Skagit County farmers. The 'Farm Fund' is administered by Community Food Coop and sponsored by the Whatcom Community Foundation and has already funded 7 projects this year. Each microloan is between $2,000 and $5,000 in value at 3% interest.

Loan applicants are graded across traditional and non-traditional criteria including Environmental Stewardship, Social Impact, and Business Plan. To learn more, visit: http://www.communityfood.coop/community/FarmFund.html

 

Alex Moore is Program Manager at Cascade Harvest Coalition